Originally Posted by
spurtle
To anyone that can answer this question.
If Scotland became independent and it was agreed through westminster to have a fiscal union with the pound, then what happens when it ends up always a Tory govt in westminster with tory fiscal policy, how much influence would scotland have on fiscal policy that would bind the pound?
, it seems we would have even more tory policy in an independent Scotland than not as England (tory) would determine our interest rates which would then determine our borrowing and spending. And if Scotland were doing badly in the economy and england doing well then the interest rates would be high and if vise versa then our savers would be affected by England's low interest rates, surely to be truly Independent we need our own currency?
“Let me issue and control a nation’s money and I care not who writes the laws.” Mayer Amschel Rothschild (1744-1812), founder of the House of Rothschild.
At the moment we have some say as we return MPs to westminster but as Independent we have no say.
Also SNP's bill to place a state guardian to every child in Scotland till the age of 18 is the sort of frightening thing that's going to get worse.
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